Thanks for the replies fellas. But like I said in my post, Im not too concerned that it wont be able to keep up with a large variety of pneumatic tools. Eventually I'll get one that will, but for now, that not this one's job.

This one will only be asked to run the This paint gun I linked to (if its not hvlp, thats ok by me, just as long as it puts down a reasonable paint job) and maybe a framing nailer.

Does anyone have any experience with Cooper tools or Master Power as brands? Though seldom the creme de la creme, Costco does seem to pick fairly good quality merchandise to stock. I'm wondering if this follows suit.

Additionally, I was wondering about thoughts in general on whether a gun like the one I listed (which says it wants 5 cfm at 60 psi) would likely be able to be run by a compressor with the specs I gave above. Thanks